Equalisation allowance. Where, as part of an organisational change, an employee is offered and accepts a role where the rate of pay for the new position is less than that which applied in their former position, they will be paid an equalisation allowance, to preserve their former rate of pay for a period of 12 months. This allowance is abated by any pay increases during the period the allowance is being paid.
Appears in 4 contracts
Samples: Collective Agreement, Collective Agreement, Collective Agreement